TAM Airlines and Spanair sign a codeshare agreement

São Paulo, May 10th, 2011 – (BM&FBOVESPA: TAMM4/NYSE: TAM) – TAM Airlines and Spanair, Star Alliance members carriers, start on May 12th a codeshare agreement that will allow the both companies to expand the range of destinations.We will offer our customers seats with JJ* code on the flights operated by Spanair from Madrid to: Barcelona, Bilbao, Malaga, Tenerife-Norte and Santiago de Compostela, both ways. Spanair, in turn, will offer seats with JK code on the daily flight operated by TAM between the Spanish capital and São Paulo, Brazil.

“We are expanding the TAM Airlines’ international network in Europe through this partnership with Spanair. We will be able to provide to our customers greater convenience and comfort with the offer of more five destinations in Spain”, says Paulo Castello Branco, Commercial and Alliances VP of TAM.

“We are very pleased to sing this agreement with TAM Airlines that will allow us to expand our network of destinations to Brazil and South America, thanks to our partnership with Star Alliance”, says Mike Szucs, CEO of Spanair.

Since May 2010, we maintain together with Spanair a FFP agreement (Frequent Flyer Program). This partnership allows the TAM Fidelidade program members to earn and redeem points in any flight operated by the Spanish company. In the same way, the members of the SpanairStar program can earn and redeem miles in all TAM’s domestic and international flights.